Desmangles Laurent 4

What Happened

• Laurent Desmangles, a director of Fifth Third Bancorp (FITB), received an award of 2,838 restricted stock units (RSUs) on 2026-04-21. The reported acquisition price is $0.00 (no cash consideration), listed as an Award/Grant (transaction code A). These RSUs are compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (file appears timely).
• Amount: 2,838 RSUs; reported price: $0.00; reported value: $0.
• Vesting/terms: Footnote indicates RSUs are granted under the Fifth Third Bancorp Incentive Compensation Plan and vest upon cessation of the reporting person's service on the Board of Directors.
• Additional note: filing states RSU totals include dividend reinvestments since the last ownership report.
• Shares owned after transaction: not specified in this Form 4 filing.
• Transaction code: A (award/grant). No 10% owner, 10b5-1 plan, or tax-withholding sale reported.

Context

• This is a compensation award to a director (common for board pay) and does not reflect an open-market purchase or sale. Such awards are routine and intended for retention/compensation; they should be interpreted as non-trading compensation rather than a direct signal of buying or selling activity.